E&O insurance covers claims related to professional errors, omissions, and negligence, while General Liability Insurance covers claims of bodily injury, property damage, and advertising injury. Both types of insurance are essential for comprehensive business protection.
Related FAQs
When selecting an E&O policy, consider the coverage limits, exclusions, deductibles, and the reputation of the insurance provider. It's crucial to choose a policy that aligns with the specific ...
Yes, if you have a "claims-made" policy and maintain continuous coverage, you can be protected for claims made after the policy period for incidents that occurred during the policy ...
While not always legally required, E&O insurance is often a contractual obligation. Many clients or regulatory bodies may require businesses to carry E&O insurance as a condition of their ...